Rick Scott was elected as Florida's jobs governor and is running for re-election with the same slogan and political committee: Let's Get to Work.
But the governor who frequently trumpets and takes measures of credit for big hiring news is often silent on the opposite: Layoffs. And that's doubly true when it comes to donors to Let's Get to Work who let people got to the unemployment line.
"Bill Edwards is one of Rick Scott's top individual donors. He wrote a $500,000 check to Scott's Let's Get to Work re-election PAC. Ironically, almost 500 of Edwards' employees will not get to work soon. One of his companies, Mortgage Investment Corp. (MIC), abruptly announced yesterday it's laying off 476 workers, including 256 people at its St. Petersburg headquarters. Fewer than 40 people will remain employed as the company winds down.
"Of course, Edwards' MIC has not been without its controversy. It's been accused of misleading customers and violating National Do Not Call Registry rules. In fact, in June the company was hit with a $7.5 million fine, the largest fine handed down for violating the Do Not Call law. What's worse is that many of those misled customers were military veterans.
"The FTC said telemarketers from Mortgage Investors misled service members that the company was affiliated with the U.S. Department of Veterans Affairs and that they could receive low-interest, fixed-rate mortgages at no cost. In reality, regulators said, the company was only offering adjustable rate mortgages that left consumers liable for higher payments with rising interest rates. It also required consumers to pay closing costs."